Word: deficits
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...endowment funding available to them for next year’s budget. But if outside estimates projecting “unprecedented” endowment losses of 30 percent prove accurate, Smith said, that figure would be slashed to around $550 million, leaving the Faculty at least $200 million in deficit if plans are not modified...
...Shootout this past weekend, things started looking up. If the Crimson (1-1) wants to win close games, though, it will have to find its groove earlier: trouble scoring in the first half buried Harvard on Friday and nearly did so again yesterday. Facing a double-digit halftime deficit Friday evening against Loyola (1-1) in the tourney’s first round, the Crimson chipped away throughout the second half but eventually fell 78-69. It took a 44-point second half explosion for the Crimson to put away Central Connecticut State (0-2), 70-63, in the consolation...
...whole game.” The New York, Ontario native’s resolve and prowess withstood a powerful St. Lawrence offense, which had yet to be shutout this season. Although he admits that he was nervous, Hoyle stayed calm and collected when the team faced the two-man deficit with the one goal lead on the line. “I was just taking it each play at a time,” the rookie said. “Things worked out.” Hoyle was not the only one who produced a strong showing between the pipes...
...question is whether that will build Obama's momentum for bigger change or merely squander his honeymoon. Here too, Clinton's history is telling. In his first year, he put so much energy and capital into his deficit-reduction package and NAFTA that, in the view of some who served with him, he had little left for health care in his second...
...regulate the financial industry and shore up the American welfare state won't divide his political coalition; it will divide the other side. On domestic economics, Democrats up and down the class ladder mostly agree. Even among Democratic Party economists, the divide that existed during the Clinton years between deficit hawks like Robert Rubin and free spenders like Robert Reich has largely evaporated, as everyone has embraced a bigger government role. Today it's Republicans who - though more unified on cultural issues - are split badly between upscale business types who want government out of the way and pro-government conservatives...